Your parents heard about the success of your business and they want to help you out. Suppose they want to give you an additional $300 to put toward your business. However, there's a catch. If you make more than $600 additional profit, you have to give them 10% of your earnings above $600. For example, if you have earned $650, then you owe 10% of $50, or $5, to your parents.
k)
Remember it costs $14 to make the cakes and you are selling them for $50 each. If you only spend the 200 hours making the cakes, what was your maximum total profit?
$7200
Does the investment you make and the time constraint allow you to profit from this venture?
O Yes, I can make more than $10,000
O No, I make less than $10,000
1 answer
O Yes, I can make more than $10,000
1 answer